Property summary
This exceptional 2.5-acre property located at 1610 State Boulevard in Salem, Ohio, presents a unique investment opportunity. Currently configured as a daycare center, the property is ideally suited for continued operation in this capacity, offering numerous existing learning and play areas ready for immediate use. The expansive 2.5-acre lot provides ample space for outdoor activities and potential expansion. The building's interior layout is designed to accommodate the needs of a daycare, featuring multiple rooms suitable for various age groups and activities. The property's convenient Salem location ensures easy accessibility for families and staff. This turnkey operation eliminates the need for extensive renovations or build-out, allowing for a swift commencement of business. The asking price of $250,000 represents a compelling value for a ready-to-operate daycare center on such a sizable lot. The property's potential extends beyond its current use
Property profile
VerifiedCap rate & NOI
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Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Alternative use
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